Global Markets Credit Summer Analyst (Summer 2026)

TD Bank; Toronto; On-site; CAD 85,000; Full time

Job summary

A leading global financial institution is offering a summer position as a Global Markets Credit Analyst in Toronto. Candidates should be graduating by the Summer of 2027 in a business-related discipline. Responsibilities include conducting credit analyses and preparing submissions for new proposals. Strong financial analysis skills, effective communication, and teamwork are crucial for success in this role. Competitive salary offered at CAD 85,000.

Benefits

Competitive salary

Career development opportunities

Health and wellness benefits

Qualifications

• Graduating in December 2026 or Spring/Summer 2027.
• Solid understanding of capital markets and risk.
• Ability to prioritize tasks in fast-paced environments.

Responsibilities

• Prepare credit submissions for new business proposals.
• Conduct market, industry, and client credit analyses.
• Monitor counterparty performance and exposures.

Skills

Financial analysis

Risk assessment

Communication skills

Organizational skills

PC skills

Education

Currently enrolled in a business related discipline

Tools

Microsoft Office Suite

Moody's Financial Analyst

Job description

Overview

Role Type: Undergraduate

Work Term: Summer/Term 3

Work Location: Toronto, Ontario, Canada

Hours: 37.5

Pay Details: $85,000 - $85,000 CAD

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.

As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description

Global Markets Credit at TD Securities: The Global Markets Credit group is responsible for implementing and ensuring compliance with credit policies established by the Bank for the management of derivative credit exposures. Through strategic, tactical and risk-oriented teams of professionals, Global Markets Credit delivers the highest quality service and expertise to its stakeholders.

Your Summer as a Global Markets Credit Analyst: The Global Markets Credit Analyst is part of our team of in-house credit professionals that works closely with the organization’s Sales and Trading team. The Global Markets Credit Analyst will gain experience across a wide variety of Financial Institution, Corporate, Institutional and Sovereign clients. The Global Markets Credit team is involved with the origination process for the trading business and is responsible for the credit analysis and recommendation of credit/derivative facilities enabling the various trading businesses/desks to transact with counterparties, as well as ad hoc reporting and monitoring of the credit risk profile of TD Securities’ clients that are users of a wide variety of capital market trading products including:

• Derivatives (foreign exchange, interest rate, commodity, equity and credit derivatives)
• Financing products (securities / equities borrowing and lending, and repurchase transactions)
• Money market and fixed income securities (commercial paper, bonds and asset-backed securities)

How You Will Contribute

• Assist in the preparation and recommendation of high-quality credit submissions for new business proposals, interim and annual reviews.
• Conduct appropriate market, industry and client credit analysis with clearly articulated recommendations on credit decisions and appropriate borrower risk ratings.
• Work closely with other product groups, including TDS Sales and Trading, TDS Cash Management, TDS Trade Finance and other business areas of TD to ensure that credit needs are being met.
• Ongoing monitoring of Counterparty performance and credit exposures, including compliance with authorized credit limits and terms, as well as reporting requirements.
• Identify potential problems requiring attention and recommend appropriate actions to best manage the risks in deteriorating credit situations.
• Contribute to a strong team credit culture by raising issues on credit, reputational and operational risks.
• Provide a high level of client service; develop the client relationship by identifying cross-sell opportunities and coordinating marketing efforts with other business / product groups.
• Ensure that credit arrangements adequately balance the risk and return.

Qualifications

• Graduating in December 2026 or spring/summer 2027 in a business related discipline with high academic standing.
• Enrolment in CFA program is an asset but not required
• Solid understanding of capital markets and treasury/derivative products as well as the inherent market and credit risks
• Strong financial analysis and risk assessment skills
• Strong oral and written communication skills
• Well-organized, and can prioritize multiple tasks and deliver results in a fast-paced environment.
• Ability to be effective in both a team and independent working environment.
• Familiarity with legal documentation including ISDAs, repurchase agreements and loan agreements would be an asset.
• Strong PC skills (credit processing, Moody’s Financial Analyst, Microsoft Word, Excel)

Location: Toronto

Please submit your complete application package (cover letter, resume, and most recent unofficial transcript), including projected graduation date to your Career Center. Covering letters may be addressed to Mital Patel.

Who We Are

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.

TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package

Our Total Rewards package reflects the investments we make in our colleagues to help them and their families achieve their financial, physical, and mental well-being goals. Total Rewards at TD includes a base salary, variable compensation, and several other key plans such as health and well-being benefits, savings and retirement programs, paid time off, banking benefits and discounts, career development, and reward and recognition programs. Learn more

Additional Information

We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.

Please be advised that this job opportunity is subject to provincial regulation for employment purposes. It is imperative to acknowledge that each province or territory within the jurisdiction of Canada may have its own set of regulations, requirements.

Colleague Development

If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.

Interview Process
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation
Your accessibility is important to us. Please let us know if you’d like accommodations (including accessible meeting rooms, captioning for virtual interviews, etc.) to help us remove barriers so that you can participate throughout the interview process.

We look forward to hearing from you!

Language Requirement (Quebec only): Sans Objet